Legal & Regulatory
VEBA pegs Chrysler stake at USD3.6 billion
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
US Stocks end with modest gains
Even for just trying to get a deal done, US stocks rebounded with modest gains after a day of volatility.
Senate leadership progress towards budget deal
Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.
European stocks fluctuate amidst US economic uncertainty
Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.
Latest News
Naveen Jindal is the latest personality included in the ownership dispute of Positiv TV. Congress Member of Parliament and Industrialist Naveen Jindal was recently included in an ownership dispute between the shareholders of Positiv TV.
US Senators were still in negotiations regarding an agreement to reach a fiscal On Sunday, US Senate negotiations to end the fiscal crisis of the country showed signs of progress.
ICAO supported certification requirements now in place for new airlines for Indian air carrier applicants.
Because of price caps and channel disruptions, the Indian drug market still is continuing its negative growth pattern.
The proposal of the Brazilian Stock Exchange to form a takeover panel has gained the support from investors and the Brazilian finance regulator.
US veterans had protested in Washington last Sunday in fear that their benefits might be affected if no agreement would be reached to end the partial shutdown of the government.
Europe's clean energy investment had fallen 14% after cheaper US natural gas had lured more investment, said a London-based research firm.
Angola would be imposing a 10% tax on oil firms operating in the country. Angola, the second largest oil producer in Africa, would levy a consumption tax on oil companies.
The stocks of Australia and New Zealand fell as the deadline to settle debt for the United States looms near, said a report from Bloomberg.
The Japanese Yen had increased versus all its major peers as no progress was seen between US President Barack Obama and the House Republicans to end the US shutdown.